Noticias de ultima
  • 12.00 La edición de SiGMA East Europe se traslada a Budapest con Affiliate World
  • 12.00 iGB Live 2024 concludes today its biggest edition in Amsterdam
  • 12.00 Brazilian Chamber of Deputies includes gambling in "Sin Tax" List
  • 12.00 iGaming in Mexico Webinar: What legislative changes are imminent and what should operators know about them?
  • 12.00 SiGMA East Europe edition moves to Budapest with Affiliate World
  • 12.00 MERKUR Community support England Hockey's Olympic Legacy vision
  • 12.00 Macau casino market recovers but very slowly
  • 12.00 IBIA Reports Surge in Suspicious Betting Activity in eSports, Global Alerts Spike in 2Q
  • 12.00 Bingo Madrid customers already enjoy Fu Frog by Zitro
  • 12.00 Steps for Success: How to start iGaming business in 2024, by Uplatform

Blackstone Invests in Romania’s Superbet

Thursday 09 de May 2019 / 13:47

2 minutos de lectura

(Romania).- The Blackstone Group’s European gambling investment spree has continued with the purchase of a minority stake in Romania’s largest sports betting operator – Superbet, local news outlets report

Blackstone Invests in Romania’s Superbet

It is understood that the major US private equity firm has paid €175 million for a minority stake in Superbet. Blackstone Tactical Opportunities conducted the transaction on behalf of its parent company.

Superbet was established in 2008. Over the years, it has become Romania’s largest sports gambling operator with 1,200 betting shops around the country and more than 3,500 employees. The company recorded betting turnover of €180 million last year.

Aside from its retail network, Superbet also operates its own digital platform, which it launched in 2016, and a mobile betting app, which the operator debuted in 2018. In addition to its domestic market, Superbet also provides its services in Poland and runs offices in Austria, Malta, Croatia, Serbia, and the UK.

Commenting on Blackstone’s interest in Superbet, the operator’s co-founder and CEO, Sacha Dragic, said that the private equity investment firm is a partner “capable of supporting Superbet Group to maintain its market leadership in Romania”, increase its market share in its domestic market, and be able to capitalize “on opportunities to expand business in both Central and Eastern Europe and globally.”

Blackstone’s Growing Gambling Investment Interest

Over the past several years, The Blackstone Group has kept showing massive interest in the global gambling industry and has invested in companies representing different sectors of that industry. News about the firm buying a minority stake in Romania’s largest sports betting operator arrived shortly after it emerged that Blackstone has acquired Ukrainian social casino games developer Murka in a bid to venture into the exploding social casino market.

Last year, the private equity firm purchased Spanish gambling powerhouse Cirsa. The purchase price was not disclosed, but according to sources, Blackstone paid between €2 billion and €2.5 billion for the casino and betting group.

Most prominently, the private equity giant became the owner of The Cosmopolitan of Las Vegas back in 2014. It snatched the luxury Strip resort from its former owner, Deutsche Bank, for $1.73 billion.

Reports surfaced last month that Blackstone was seeking buyers for Cosmo. It is believed that the firm could trouser up to $4 billion for the glitzy property. 


Tags: Blackstone, CIRSA, Superbet,

País: Romania


PGS, Perú Gaming Show 2024

12 de June 2024

Emotional tribute to Manuel San Román Benavente at PGS 2024

(Lima, SoloAzar Exclusive).-During PGS 2024, a moving posthumous tribute was carried out to the engineer Manuel San Román Benavente who died at the age of 74 and was General Director of the Casino of games and slot machines of the Ministry of Foreign Trade and Tourism of the Peru.

Friday 12 Jul 2024 / 12:00

GLI Perspectives on Gambling Regulation in Latin America

(Lima, SoloAzar Exclusive).- In an exclusive interview with SoloAzar, Georges Didier of Gaming Laboratories International (GLI), offers his perspectives on the evolution of gaming regulation in Latin America and the crucial role of GLI in this dynamic landscape.

Friday 12 Jul 2024 / 12:00

Implementation of robust identity verification systems by 2024 expected

(Lima, Exclusive SoloAzar) - During the conference "Knowing your players, AI, and fradue" at the Peru Gaming Show, Samer Atassi, Vicepresident for Latam at Jumio, addressed the growing concern about online gambling security and highlighted the importance of knowing your players to prevent fraud and protect minors.

Thursday 11 Jul 2024 / 12:00


Para suscribirse a nuestro newsletter, complete sus datos

Reciba todo el contenido más reciente en su correo electrónico varias veces al mes.